NASDAQ | ETF
The investment seeks investment results that correspond generally to the price and yield (before the fund&!39;s fees and expenses) of an equity index called the Nasdaq AlphaDEX® Mega Cap Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index.
The index is designed to select mega cap stocks from the NASDAQ US 500 Large Cap Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BA | The Boeing Company | Industrials | Aerospace & Defense | 4.35% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 4.04% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 3.90% |
| WBA | Walgreens Boots Alliance Inc | Healthcare | Pharmaceutical Retailers | 3.62% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 3.62% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.60% |
| TRV | The Travelers Companies Inc | Financial Services | Insurance - Property & Casualty | 3.60% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.58% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 3.53% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 3.52% |
| AXP | American Express Company | Financial Services | Credit Services | 3.52% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 3.38% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 3.36% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 3.31% |
| DOW | Dow Inc | Basic Materials | Chemicals | 3.28% |
| WMT | Walmart Inc | Consumer Defensive | Discount Stores | 3.26% |
| MMM | 3M Company | Industrials | Conglomerates | 3.17% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 3.16% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 3.16% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.13% |